Trend-Following Backtester · Guide · backtest 한국어

equity · HK

Pop Mart International Group Limited backtest

10 trend-following strategies were compared on the full daily history of Pop Mart International Group Limited. 9 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 52.6%, MDD -28.0%).

Data 2020-12-11 ~ 2026-07-31daily bars 1,383 (5.6 years)Costs 0.5%Venue HKEXMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 16.3%, drawdown -90.3%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 58.1%, MDD -31.3%, Sharpe 1.46, 36% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 41.8%p higher than buy and hold, while drawdown improves by 59.0%p (CAGR 52.6%, MDD -28.0%, exposure 35%).

The alternative must retain 75% of buy-and-hold CAGR, improve drawdown by at least 20% and 5 percentage points, and stay below 95% exposure; the ranking weights return retention 60% and drawdown improvement 40%.

Strategy · parametersCAGRMDDSharpeCalmarTotalTradesExposure
ADX / DI 방향성
period=24, threshold=17
58.1%-31.3%1.461.8513.2x2236%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=23, mult=2.2
52.6%-28.0%1.451.8810.8x835%
Donchian 채널 돌파
entryN=92, exitN=25
45.4%-29.2%1.361.568.2x632%
EMA 크로스오버
fast=7, slow=191
42.4%-44.4%1.220.957.3x839%
ROC 모멘텀
n=103, threshold=0.05
43.8%-38.8%1.201.137.7x1642%
SMA 크로스오버
fast=7, slow=215
41.3%-52.6%1.190.797.0x1040%
볼린저 밴드 돌파
n=46, k=2.7
34.6%-37.3%1.160.935.3x1429%
Supertrend
period=33, mult=5
41.7%-47.4%1.100.887.1x1242%
MACD
fast=17, slow=57, signal=18
27.7%-76.8%0.780.364.0x4352%
Parabolic SAR
step=0.015, maxStep=0.32
4.5%-68.6%0.330.071.3x9151%
Buy and hold16.3%-90.3%0.560.182.3x1100%
1x 10x 2021 2022 2023 2024 2025 2026 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -45% -68% -90% 2021 2022 2023 2024 2025 2026 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -31.3% (2023-01-26 → 2024-02-20), recovered after 441 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

Method and caveats

Past performance does not guarantee future returns. Parameters were selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupAll asset reports

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